Social networks, finance and robots: As the trader earned $2,4 million in 28 minutes by means of one tweet1 year, 1 month ago
A few years ago one London hedge fund started the new project so-called "Twitter fund". The special computer system read 100 million tweets a week and defined a situation with the current economic trends on their basis.
If the general tonality of the message was positive, the fund took shares and if negative — that the probability of falling of stock market increased and it was necessary to think of sale of shares.
Invention it was awful — the fund warmed up in two years. However, perhaps, the idea was not so bad — managed to earn by spring of 2015 of one their traders in only 28 minutes more than $2,4 million, using a microblog service as a source of news.